Author: John Smith

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Discover what led to a 4% Cardano price jump and Toncoin’s price surge recently. Find out why 1.5 million crypto enthusiasts are mining on BlockDAG’s X1 miner app. The crypto bull run is painting the market green as digital assets flex their muscles across the board. Are we witnessing the birth of the next major market cycle? The Cardano price jump of 4% following Cardinal’s Bitcoin DeFi protocol launch demonstrates how innovation drives immediate market response. Similarly, the Toncoin…

Two defendants pleaded not guilty to kidnapping and torturing a man for weeks over his wallet password. Kidnappings are becoming a serious threat to high-profile crypto investors. On Wednesday, June 11, John Woeltz, 37, and William Duplessie, 33, pleaded not guilty to kidnapping a Bitcoin investor and attempting to steal his wallet data. According to prosecutors, the two men held and tortured the victim for three weeks starting on May 6, in a luxury SoHo apartment in New York. They allegedly beat him, shocked him with electric wires, and held him over a staircase before he managed to escape. The…

What does crypto have to gain, or lose, if Trump taps Scott Bessent as the next Fed Chair and accelerates the shift toward pro-growth, risk-friendly policies? Scott Bessent is quietly rising in conversations about the Next Fed Chair Scott Bessent, the current U.S. Treasury Secretary, has quietly emerged at the center of a growing conversation around who will lead the Federal Reserve after Jerome Powell’s term ends in May 2026. According to a Jun. 10 report by Bloomberg, discussions are underway within and beyond the Trump administration about the possibility of nominating Bessent as Powell’s successor.  While the White House…

Ravencoin token price continued its strong uptrend this week and is nearing its highest point this month. Ravencoin (RVN) rose to $0.02180, up 145% from its lowest point in April, giving it a market capitalization of $330 million. The rally coincided with the broader crypto market surge that has pushed the total market cap of all coins close to $3.5 trillion. RVN’s rally started after Upbit, the biggest crypto exchange in South Korea listed it on June 4.  Since then, more Ravencoin tokens have continued to move out of centralized exchanges, a sign that holders are not selling. Net outflows…

OneBalance, a new developer platform focused on simplifying crypto’s fragmented user experience, has raised $20 million in a Series A funding round. The round was led by cyber•Fund and Blockchain Capital, according to a release shared with crypto.news. The company was founded by Flashbots core contributors Stephane Gosselin and Daniel Worsley, along with ex-Coinbase engineer Ankit Chiplunkar. The round also included participation from Bybit’s Mirana Ventures and L2IV, following a $5 million angel round in 2024 backed by investors from Consensys, Wintermute, and prominent crypto figures. OneBalance addresses a longstanding issue in crypto: the user experience of interacting across multiple…

Stripe has agreed to acquire Privy, a crypto wallet infrastructure startup, as part of its broader push into digital assets, according to Bloomberg reporting.  The deal comes weeks after Stripe’s $1.1 billion acquisition of stablecoin platform Bridge. Financial terms of the Privy transaction were not disclosed, according to Bloomberg. Founded in 2021, Privy enables companies to integrate crypto wallets directly into their platforms. Its clients include NFT marketplace OpenSea, loyalty platform Blackbird, and global employment firm Toku.  By removing the need for external wallet setups, Privy aims to reduce friction for new crypto users. The startup was last valued at…

Crypto prices may be ripe for a strong bullish breakout after trade tensions between the U.S. and China eased and after U.S. consumer inflation rose less than expected in May. A trade truce between the two biggest economies will lower tensions and possibly attract investors back to risky assets. At the same time, the U.S. inflation report means that the Federal Reserve may decide to cut interest rates earlier than expected. The top crypto coins to invest in after the U.S. and China trade truce are those with strong fundamentals and technicals. Some of the most notable ones are Maple…

Global credit rating agency Moody’s is testing a system to rate municipal bonds directly on the Solana blockchain. One of the “big three” global credit rating agencies has entered the blockchain space. On Wednesday, June 11, Moody’s began testing the issuance of credit scores directly on the Solana (SOL) blockchain. These credit ratings will be used to assess the risk of municipal bonds issued by local governments. Excited to unveil our proof-of-concept with @MoodysRatings: we’ve successfully embedded Moody’s municipal bond credit ratings on-chain via Alphaledger’s Vulcan Forge platform on @Solana, delivering trusted, real-time credit insights for tokenized securities. https://t.co/PkQBAvk62p— Alphaledger…

Donald Trump also renewed pressure on the Federal Reserve to cut interest rates following Wednesday’s lower-than-expected inflation data.  U.S. markets gained on Wednesday as ongoing Washington – Beijing trade talks are showing signs of progress while economic data releases point to a healthy economy. The Dow Jones Industrial Average gained 142 poinots or around 0.3%, trailing the Nasdaq index which was up around 0.4%. In a Truth Social post, Trump called the May Consumer Price Index  “great numbers” and demanded a full percentage point rate cut, arguing it would reduce federal interest payments. “CPI just out. Great numbers! Fed should…

VivoPower taps Flare to deploy $100M in XRP for institutional yield, pioneering the XRPFi standard for compliant corporate treasury management on blockchain. According to a press release shared with crypto.news on June 11, global sustainable energy solutions company VivoPower International has partnered with layer-1 blockchain Flare to generate yield on its Ripple (XRP) holdings. The initiative begins with an initial deployment of $100 million through a scalable framework built on Flare’s native protocols. The Nasdaq-listed company said this marks the first large-scale execution of its new corporate strategy to transition into an XRP-centric treasury operation. Backed by a consortium of…